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This paper treats illegal landings as a moral hazard problem that arises, since individual catches are unobservable to society and hence private information. A tax/subsidy mechanism taking into account the asymmetric information problem is formulated as a solution to problems with illegal...
Persistent link: https://www.econbiz.de/10010321939
Many international fisheries agreements involve sharing rules. The current pa-per analysis the stability of sharing rules when coping with long run changes in the composition of fish stocks in an international setting due to climate change. The exploitation of the cod stock in the Baltic Sea...
Persistent link: https://www.econbiz.de/10010321945
Game theory is an analytical tool for modeling strategic interaction between agents. Strategic interaction in fishery … study on the fishery economics and game theory. It tends to describe how fishery models using game theory are build up … describes different types of fishery and how these types are related to game theory. Special features as externalities and …
Persistent link: https://www.econbiz.de/10010321949
The paper sets up a four-stage enforcement model of fish quotas. The purpose of the paper is to show how the level of enforcement set by the authorities af-fects the way fishermen form coalitions. We show that a high level of control effort yields less cooperation among fishermen, while in the...
Persistent link: https://www.econbiz.de/10010321953
to protect fish resources. The probability of a result of overfishing is dependent on the relative benefits the two …
Persistent link: https://www.econbiz.de/10010321964
Real life implies that public procurement contracting of renewable resources results in repeated interaction between a … principal and the agents. The present paper analyses ratchet effects in contracting of renewable resources and how the presence … incentives of the agents. It is shown that for some renewable resources we might end up both with more or with less pooling in …
Persistent link: https://www.econbiz.de/10010321970
Persistent link: https://www.econbiz.de/10010322039
In Zusammenhang mit der Diskussion um eine nachhaltige Entwicklung in Deutschland werden ökonomische Steuerungsinstrumente erörtert, deren Einsatz auf eine Begrenzung des durch kommunale Baugebietsausweisungen induzierten "Flächenverbrauchs" abzielt. Vor diesem Hintergrund wird in dem...
Persistent link: https://www.econbiz.de/10010322040
The paper analyzes effects of randomized response with respect to some binary dependent variable on the estimation of the probit model. This approach is used in interviews when asking sensitive questions. Alternatively randomization can be considered as a means of statistical disclosure control...
Persistent link: https://www.econbiz.de/10010322046
The paper uses micro cross-section data from the GfK consumer panel for econometric demand analysis of private households in Germany. Contrary to most research which considered \average behavior we extend this approach to consumer behavior for di®erent \intensities of consumption. Our...
Persistent link: https://www.econbiz.de/10010322047